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Show BRAZIL STRIKES BACK. Not; long ago tho Government dismissed dis-missed its suit brought in tho "Federal "Fed-eral courts to force tho salo of a largo quantity of Brazilian coffeo which was held by the Coffeo Trust under the valorization schemo adopted in Brazil. That scheme coutcmplatcd tho crealiou of an artificial scarcity of coffee, partly part-ly 13' desiring somo of the surplus of tho excessive coffee crop of last j-car, and partl.y by withdrawing from the market somo hundred thousand bags of coffeo which was held in Now York for tho use of the Coffeo Trust. During Dur-ing tho process of the litigation the Trust managed to liquidate its coffee obligations, and this reserve lot of coffeo cof-feo was taken up by tho market under inducements offered b' the Trust; so that there beiug no reason for the prosecution pros-ecution of tho suit on tho ooffeo reserve, re-serve, it was dropped. But, tho aflormatb, comes from Brazil. Bra-zil. Valorization was essentially meant to help tho Brazilian coffee planters, and tho Brazilian government, in pursnanco of a much despised sort of "dollar di-plomac3'' di-plomac3'' or financial protection of its own citizens, resents tho prosecution mado in tho United States. That resentment re-sentment takes the form of terminating the thirty per cont, differential in favor fa-vor of American millers who had boon exporting to Brazil somo $3,000,000 worth of flour each 3"car, and tho same differential on other cu6toms duties affecting af-fecting American exports will also be dropped. Embassador Domicio da Gama of Brazil has given official notice lo our administration of tho determination determina-tion of his government to Icnniuato these differentials in favor of American Ameri-can imports to Brazil. He ha held sov-eral sov-eral conferences with tho Stato Department De-partment ou this matter without result, aud finals gave the official notice which his government required. It is stated that by reason of this termination of the differentials in favor fa-vor of American exports lo Brazil, Argentina will get tho flour trade of Brazil, aud that our trado in other respectg with that country will be cut woofulh' short. Jt has been the effort of American business men and manufacturers for a great many 3'ears to cultivate tho South American trado and extend it, but. our unhapp3r prosecution, of tho valorization scheme, which was a pot measure of Brazil's, is likely to cost us ver3r dear. And whilo upon the subject of theso prosecutions, it m.13' bo as woll to sa3r again, as wo havo staled many times before, that there has been, absolutely uo public advan tage gained by any of them. The most spectacular was the prosecution of tho Standard Oil. Trust, which was successful. suc-cessful. Tho result was tho raising of tho prico of oil aud gasoline, although tho suit was successful in breaking tho trust up into a .number of smaller trusts that all work in concert. Tho samo was true of tho successful suit against the Tobacco Trust. And so it has been in alii of JLho trust suits. And tho complaint is. all tho time, that tho cost of living is getting dearer and dearer, and that tho trusts are getting a firmer and stronger hold upon tho markets thau over before. Evi-dentb' Evi-dentb' tho best way of handling trusts has not yot been found 'in tho United Slates. Thero is- something lacking in our procedure, and wo shall have to pattern, upon othor nations, which scorn to do better than wo in the handling of monopolies and trusts. Germany seems to be about the most successful not ouly in building up these trusts, but in handliug them to public advantage; advan-tage; and perhaps finally we shall have to adapt German legislation on this subject to our own needs. |